Martin & Co says ..
Martin & Co are delighted to bring this portfolio opportunity to the open market. With an annual income of £57,315.96 pa giving just over a 9.5% gross yield. The portfolio is split into two commercial units and six residential studio apartments. The residential apartments are in two sepa...
Property Oracle says ..
This property on Kirkstall Road, Leeds, is presented as a portfolio opportunity, comprising two commercial units and six residential studio apartments. The listing highlights an annual rental income exceeding £57,000, indicating a potentially strong yield. The property’s location offers reasonable access to transportation and schooling. The images show the building is externally a typical terraced house in need of some updating. Internally, the studio apartments have basic yet functional amenities. The high list price of £600,000 requires closer examination in regards to its size, full condition assessment and the current market conditions in the area. Lack of specific information on the property’s area and plot size hinders a complete assessment of its value and attractiveness. A full structural survey and detailed breakdown of rental income should be considered by any potential buyer to fully justify the asking price and ensure the property is a sound investment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 6
- Bathrooms
- 6
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 258,108.00 £Increased by 8.90 %
- Average area rental value
- 932.00 £/moIncreased by 3.79 %
- Est rental Yield
- 4.33 %Decreased by 4.84 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Kirkstall Valley Primary School | Community School | Requires improvement | 0.14 KM |
Burley St Matthias Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Good | 0.54 KM |
Burley Park Children'S Centre | Children's Centre | 0.77 KM | |
Armley Park Primary School | Academy Sponsor Led | 0.82 KM | |
Sacred Heart Catholic Primary School, A Voluntary Academy | Academy Converter | 1.14 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Burley Wood Court | £ 130,000 | 0 | 0.00 KM |
Nunington Street | £ 135,000 | 0 | 0.00 KM |
Alexandra Park | £ 225,745 | 0 | 0.00 KM |
Alexandra Park | £ 255,350 | 0 | 0.00 KM |
Winker Green Mill Lane | £ 112,500 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Burley Park | 8500 | BUY | 1.05 KM |
Headingley | 8498 | HDY | 1.46 KM |
Kirkstall Forge | 6544 | KLF | 4.41 KM |
Leeds | 8487 | LDS | 4.42 KM |
Cottingley | 8505 | COT | 4.43 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Sowood Street, Burley, Leeds, West Yorkshire. | £ 199,950 | BUY | 6 / 10 | 0.04 KM |
Sowood Street, Leeds | £ 200,000 | BUY | 6 / 10 | 0.07 KM |
Martin Terrace, Leeds | £ 145,000 | BUY | Unknown | 0.09 KM |
Sowood Street, Leeds, West Yorkshire | £ 230,000 | BUY | 6 / 10 | 0.11 KM |
Martin Terrace, Burley, Leeds, LS4 | £ 180,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
12 Martin Terrace | £ 137,000 | 0.07 KM |
26 Martin Terrace | £ 150,000 | 0.07 KM |
23 Martin Terrace | £ 145,580 | 0.07 KM |
8 Martin Terrace | £ 148,250 | 0.07 KM |
19 Martin Terrace | £ 147,500 | 0.07 KM |